Vertical Farming

Urban areas, consuming nearly80 percent of global food production, are increasingly turning to urban farming to bring food production closer to consumption centers. This concept is not new, but it's evolving with technological advancements enhancing efficiency and sustainability. A significant trend in this area is vertical farming, where plants are grown in stacked layers, mostly indoors. This market is expected to reach$34 billionby 2033. Leading the way is Singapore, with its30 by 30 initiativeto produce 30 percent of its nutritional needs locally by 2030.